The former Valencia star has been linked with a switch to the Santiago Bernabeu but he is content at the English club, according to his representative
A return to Spain has been suggested as a possibility for the 26-year-old, who played a leading role in City's title-winning campaign in the Premier League.
It has been suggested that Real Madrid are lining up Silva as a replacement for Kaka if the Brazilian playmaker leaves the Santiago Bernabeu, but the former Valencia star's representative has seemingly ruled out a transfer.
"Silva has a long contract with Manchester City and he is held in high regard there," Julio Llorente told laSexta.
"I do not know what could happen in the future, but Silva wants to remain at City."
The Spain international scored eight goals in 49 appearances for the club in 2011-12.